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In considering the elements of the scratch test, what might be an issue with the brand name catch-sup?
Reaffirmation Agreement
An agreement in which the debtor agrees to pay a debt even though it could have been discharged in bankruptcy.
Discharged Debt
Debt that has been formally released or forgiven, relieving the debtor of any further responsibility to repay it.
Trustee
An individual or company responsible for managing and overseeing assets or property on behalf of another party.
Chapter 7 Bankruptcy
A provision of the bankruptcy code that allows individuals and businesses to discharge or eliminate most of their debts through the liquidation of assets.
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